Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
NameDateTime takenScore ___ / 40
- 1.What is the simple interest on ₹10000 at 5% per year for 3 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹9200 at 4% per year for 1 year (in ₹)?
- 4.A fan costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 5.A shopkeeper buys a cycle for ₹250 and sells it for ₹200. What is the loss (in ₹)?
- 6.A watch bought for ₹2900 is sold for ₹2755. What is the loss per cent?
- 7.A watch bought for ₹3300 is sold for ₹2970. What is the loss per cent?
- 8.What is the simple interest on ₹2000 at 7% per year for 1 year (in ₹)?
- 9.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 10.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2220. What is the loss (in ₹)?
- 11.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
- 12.A shopkeeper buys a fan for ₹2550 and sells it for ₹2840. What is the profit (in ₹)?
- 13.What is 15% of 400?
- 14.What is the simple interest on ₹2300 at 4% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹8100 at 9% per year for 4 years (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2310. What is the profit (in ₹)?
- 17.What is 90% of 120?
- 18.The price of a school bag changed from ₹200 to ₹210. What is the percentage increase?
- 19.A shopkeeper buys a fan for ₹400 and sells it for ₹510. What is the profit (in ₹)?
- 20.A cycle bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 21.A fan bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 22.The price of a pair of shoes changed from ₹500 to ₹750. What is the percentage increase?
- 23.A table bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 24.What is the simple interest on ₹9700 at 10% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹10000 at 7% per year for 1 year (in ₹)?
- 26.A table bought for ₹1300 is sold for ₹975. What is the loss per cent?
- 27.What is the simple interest on ₹500 at 6% per year for 2 years (in ₹)?
- 28.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
- 29.What is the simple interest on ₹3800 at 7% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1380. What is the loss (in ₹)?
- 31.What is the simple interest on ₹7700 at 3% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 1 year (in ₹)?
- 33.The price of a school bag changed from ₹200 to ₹320. What is the percentage increase?
- 34.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
- 35.A shopkeeper buys a table for ₹2000 and sells it for ₹1800. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 1 year (in ₹)?
- 37.What is the simple interest on ₹1600 at 11% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a cycle for ₹800 and sells it for ₹1060. What is the profit (in ₹)?
- 39.What is 15% of 700?
- 40.What is 55% of 60?
Answer key
- 1500
- 9918
- 368
- 300
- 50
- 5
- 10
- 140
- 20
- 280
- 5
- 290
- 60
- 276
- 2916
- 260
- 108
- 5
- 110
- 20
- 40
- 50
- 30
- 4850
- 700
- 25
- 60
- 12
- 798
- 170
- 924
- 2346
- 60
- 5
- 200
- 5668
- 352
- 260
- 105
- 33
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets